While the use of blockchain in a prime non-agency MBS is a first, rating services were unmoved by the technology.

Prior to the partnership, Redwood's RWT Horizons made investments in eight early-stage companies.

Some lenders have allowed borrowers to use cryptocurrency to make downpayments or as part of the calculation of a borrower’s assets, but none appear to allow monthly mortgage payments with bitcoin yet.

The abandonment rate on calls to servicers jumped to 5.0% from 3.6% the week prior...

Homebridge ranks 35th among all home lenders, according to Inside Mortgage Finance...

The IPO values Blend at more than $4.0 billion.

Blend's general and administrative costs increased by 13% last year...

Mitch Tanenbaum, chief information security officer at Turnkey Cybersecurity and Privacy Solutions, said small to medium-sized shops with no infrastructure to combat such assaults have been the most susceptible.

In 1Q21, the San Francisco-based SoFi originated $735.6 million of mortgages, accounting for 28.9% of total loans produced.

For now, Blend's IPO documents are confidential. But eventually its financials will hit the street.